EBRD to invest €29.3 million in R.Power's green bond issuance

Green Forum
The European Bank for Reconstruction and Development (EBRD) has agreed to invest up to €29.3 million in a green bond issuance by Poland's R.Power SA. This investment will secure funds for renewable energy projects.  

R.Power's PLN 530 million green bond aims to finance and refinance capital expenditures for the development, construction, and operation of solar, wind, and battery energy storage projects, both standalone and hybrid. The company has committed to investing an equivalent amount to the bank's financing in battery energy storage projects within EBRD's countries of operation.

R.Power S.A. is a leading developer of utility-scale solar installations and an independent power producer (IPP). Its current solar portfolio boasts over 500 MW of operational capacity, along with a robust pipeline of projects under construction or in development.

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Real estate

NEPI Rockcastle targets green energy by 2026

NEPI Rockcastle plans to transform its shopping centers in Romania into local energy hubs and fully meet their energy needs with green energy by the end of 2026.

Industry

EIB and Commerzbank strengthen Europe's wind industry

The European Investment Bank (EIB) is using again its €5 billion initiative to support manufacturers of wind-energy equipment in Europe by extending a €500 million counter-guarantee to Germany-based Commerzbank AG.

READ MORE
Green Forum  |  12 December, 2024 at 9:00 PM
Green Forum  |  12 December, 2024 at 8:00 PM